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these grants made and then there is no follow-up. in light of what is going on in the nation, debt ceiling, in light of what is really going on here in the city and county of san francisco we need to involve the constituents, because the taxpayers that pay it, you may get the money from the state or the federal, it is the taxpayers who pay the taxes and we need to have some accountability and some transparency. i am not saying that this contractor is going to do his job i hope he does his job quarterly or twice a year or for the duration of this contract we get some reports. so that we can read and see what is happening. thank you very much. >> is there any other member in of the public that would like to make comments? seeing none public comment is close. (gavel) this is an action item. >> mr. chair? >> i know there is question about work between the mta and the transportation authority. can you talk about those issues and how they were resolved? >> both agencies have responsibility especially mta which has legislation for originating parking in public policy of the transportatio
the debt ceiling to keep going up through the middle of may. that would delay the expected shutdown -- rather, showdown between democrats and republicans over spending cuts. the house passed the bill last week. president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>> president obama says he hopes for some form of immigration within six months. in an interview with telemundo, he says the plan must include a path to citizenship for 11 million illegal immigrants already in the country. and he says it's time for congress to act. >> we've been working on this for a long time. we know what the issues are. i've
the debt ceiling might -- they kind of -- escaped armageddon over the debt ceiling but it's going to come sometime between now and june, correct? >> yes. absolutely. they're already going to deal with this sequester-related cuts on march 1st. the expiration of the cr at the end of march and then the debt ceiling may 1st i believe. so a lot of looming fiscal deadlines will be the next big thing. >> bill: if republicans agreed not to push for the massive spending cuts to social security and medicare for -- as a price for increasing the debt ceiling they're going to come back, right, with those same demands. at the next round. >> i don't think those demands are going away. part of the point of the short-term debt ceiling extension just passed last week was sort of to try and leverage their position in the sequester-related discussion of $1.2 trillion of autoic spending cuts set to kick in on march 1st which are delayed two months with the fiscal cliff deal. they're hoping to extract spending cuts from president obama. if not that fight, then in the next debt ceiling fight the next debt ceili
. >>> and this afternoon, the senate decides whether to raise the debt ceiling for the next few months. in the bill, an interesting provision that would hold the members' pay if they failed to pass the budget by february 15th. >>> all right, tornados tearing through the south and the midwest is digging out. bill karins is sorting through this for us. >> unfortunately we had the first tornado fatality in this country in about 220 days. that had been a record. the story this morning is what's happening behind this storm that's exiting the northeast this morning. the windchills and the cold, i mean, winter has returned with a fury. it is like winter was mad at the big warm up we had a couple days ago. minus windchill of 32 in fargo. a couple spots are close to minus 50 in north dakota. a little bit of cold air in billings, but the air is not going to make it through all of the rockies. we are looking very quiet behind this big storm as we are watching cool conditions and snow flurries in the midwest. they went flying across the country. there will be major airport delays in the northeast and new engla
the debt ceiling for the next four months. in the bill, an interesting provision that with holds member's pay if they fail to pass a budget by april 15th. >>> president obama's popularity is on the rise. a "washington post" poll found his favorability rating at 60%. that's a three-year high. 37% had an unfavorable view. >>> david visitor is dismissing a bipartisan proposal on immigration reform. and vitter went after florida senator marco rubio calling him amazingly naive to believe the plan would not amount to amnesty. >>> lamar alexander of tennessee talked to chuck todd on "the daily rundown" about gun control and video games. take a listen. >> i think video games is a bigger problem than guns because video games affect people. but the first amendment limits what we can do about video games. the second amendment to the constitution limits what we can do about guns. >>> senator john mccain appeared at a breakfast in washington where he told a joke about himself and the low approval ratings of his colleagues. >> a guy ran up in the airport and say anybody tell you look like john mccain
indicators in terms of what the economy is doing. that debt ceiling vote the senate has approve it, the house already did so we can borrow morgan to pay our bills through may. congress at that point will have to deal with it again. richard? >> tracie potts in washington. thank you. new yorkers are waking up to the news of the passing of an icon, one of the city's and nation's most outspoken and popular politicians, ed koch has died of congestive heart failure. he served in world war ii and later was elected to three terms as mayor of new york city. ed koch dead at the age of 88. dramatic and contention day of testimony for senator charlie hagel. >> reporter: john mccain seized on hagel's opposition to the surge in iraq. >> the question is, are we right or wrong? that's a pretty straightforward question. >> well, i'm not going to give you a yes or no answer. >> reporter: over his 2008 comments related to israel that a quote jewish lobby intimidate a lot of people in congress. >> name one person in your opinion who is intimidated by the israeli lobby in the united states senate. >> well, first
's $16.4 trillion debt ceiling until the middle of may. that bill also requires members of the house and senate to pass a budget by mid-april or have their pay withheld. >>> well, it didn't take long for the dow to fall under 14,000, which it hit on friday. stocks taking their biggest dive of the year yesterday on worries about european issues. the dow lost 129 points and the nasdaq was down 48. >>> u.s. government is suing credit rating agency standard & poor's. the justice department says the company gave high ratings to risky mortgage bonds and those bonds then plunged in value and contributed to the 2008 financial crisis. s&p denies any wrongdoing and says the lawsuit is without merit. the government is reportedly seeking penalties of more than $1 billion. >>> and if you are the average american, about 4% of your weekly paycheck is going into your gas tank. a new government report finds that u.s. households spent an average of $2,912 on gasoline last year. we are using less gas because vehicles are more fuel- efficient but we're paying a lot mo
with the debt ceiling negotiations. maybe some other kind of macroevent. last night saying to me, wouldn't it be ironic or weird if the big pest thing that happened hurricane the biggest fear of macromelt down never happened but instead what we got is boring old no growth? something nobody was really set up to deal with right now. that is not the dominant emotion. right now the jeep feeling is the bulls are still in charge. a lot of e-mails about siegel, jeremy siegel, 70% chance the dow will hit 15,000 this year. that was widely commented, to me at least, this morning. he sees a big increase in consumer spending. says the housing recovery is going to continue. home builders had good numbers but they are down. remember, the problem suspect the numbers they are reporting, it's the valuations. we've had pulte with good numbers, merit tash, the numbers, two times book for most of the home building companies. two times book for most of the home building companies. women pool, the guidance spectacular, 9.24 to 9.75. right now, still at 9.25. >> 19 1/2. >> to 19.75 on tri pointe homes. guys, b
the dysfunction in washington as much as we were even though we do have the debt ceiling fight on the horizon. that's taken a back seat to this momentum in stocks. >> yeah, absolutely. i think that investors should be braced for a potential pullback, but trying to trade it i think is perilous. look, would i have expected a fairly significant pullback in december based on the uncertainty of the fiscal cliff debate. it didn't happen. i think that we were at that time telling our clients to look through the potential weakness and focus on the value and the fact that equities are very likely to be higher in a year from now, concentrate on the longer run, invest, don't trade and we think you'll be well served by that. >> give me your best idea right here then, eric. >> well, i think equities. simply the equity trade. >> what do you remember want to do, etfs, my spector sectors, etfs, how do you do it? >> very broadly. we're an active manager and use a multi-manager approach so we're broadly diversified across countries. emerging markets looks better than developed and procyclical stocks look bette
, the united states senate has just voted to extend the nation's debt ceiling for multiple months. the new deadline now will be may 19th, and that tees up now the next fiscal fight here in washington which will come on march the 1st. it will be over the so-called sequester. all of those automatic spending cuts, will they be allowed to go into effect? that will now be the next big question we wrestle with here in washington, maria. >> thanks so much. >> january jobs figures taking center stage first thing tomorrow morning as the white house shutters its jobs council. hampton pearson on what's sure to move the markets. >> reporter: hi, maria. tomorrow's job reports will have two part, the headline numbers on jobs and the unemployment rate. our cnbc survey predicts employers increasing non-farm payrolls by 1 of,000 jobs versus 155,000 in december. the unemployment rate holding steady at 7.8%. now today we heard that first-time unemployment claims actually jumped by 38000 to a seasonally adjusted 368,000, that according to the labor department. lost in yesterday's focus on negative gdp was the
and studentwhat sparked the attack ahead. >> the senate approves a plan to address the debt ceiling. and if they don't. how lawmakers will be paying the price. [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on for two whole years. from at&t. call to get u-verse tv starting at just $19 a month with our triple-play bundle. get the same great price for two years. plus now two times the internet speed than before. [ female announcer ] switch today and get a total home dvr included for life. [ male announcer ] you get reliable high-speed internet on our advanced digital network. choose from speeds up to 24 megs. [ female announcer ] and with u-verse tv, you can record four shows at once on your total home dvr and play them back in any room. [ male announcer ] so call now. u-verse tv starts at $19 a month with our triple-play bundle, with the same great price for two ye
the debt ceiling debate. the bill requires lawmakers in both chambers of congress, to pass a budget by mid-april. or have their pay withheld. the measure now advances to president obama's desk to be signed into law. >> the next time a child is abducted near you, your cell phone may shriek to life with an alert message. a new national amber alert system officially rolled out to millions of cell phones. the alerts are automatically active on most newer phones. and they've already taken tens of thousands of people by surprise. the newly-expanded emergency alert system is one way fema is trying to update how it reaches people with new technology. >> today marks the 10th anniversary of the space shuttle columbia disaster, which killed all seven crew members. following the disaster, nasa re-named a weather balloon launch facility to honor those on the shuttle. with the large amount of debris that fell nearby, the facility became a makeshift collection site. today the balloon facility is one of 62 launch sites in the world, which send large balloons with scientific payloads at the bottom into the
the nation's debt ceiling. they passed a bill that exends the ability to borrow new -- extends the ability to borrow new money. the measure suspends the $16.4 trillion debt limit and requires congress to pass is a budget by april. >>> judge in san francisco heard arguments on a motion to throw out the city of oakland's lawsuit. the feds want to sees the property because they say it is in violation of the controlled substances act. the city sued saying it would create a problem for people who need marijuana to treat their medical conditions. the judge did not indicate when she would rule on the motion. >>> this is not your grandfather's world, still ahead. >> get to know them better. >> some children take on police officers on the basketball court. but it wasn't all about hoops. the bigger message game. >>nd how much womber can the temperatures -- warmer can the temperatures get and will it last into your bay area weekend? i am back here in 10 minutes with all the details. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still
it and it extends the debt ceiling through may 18th. it requires both the house and senate to approve the budgets or face the loss of their paychecks. >>> salvatore has made some new controversial comments about same sex marriage. in an interview, he said and i am quoting legislating for the rights of the same sex people to mare is like legal -- mary is -- marry is like legalizing male breast-feeding. they used the term gay marriage too much. >>> and former raider harris spoke out and it landed him in jail. dimitri said he is suing harris for 20 - $30,000 in medical bills. guyer reportedly needed surgery after he punched him several times out of side of a -- outside of a restaurant and he reportedly needs surgery. >>> now 26 survivors will head to the super bowl to sing america the beautiful. they will perform before alicia keys sinks the national anthem. >>> wine sales are up and so are final shares. this is up 2% from the year before. they now have all wine sales in the u.s. that gives them relatively stable prices and a wide variety to choose from. >>> nice, 18 minutes after 8:00 and if you a
for temporarily suspending the debt ceiling debate. the bill requires lawmakers in both chambers of congress, to pass a budget by mid-april. or have their pay withheld. the measure now advances to president obama's desk to be signed into law. the road to confirmation will not be a smooth one for former senator chuck hagel. hagel is president obama's nominee to be the next defense secretary. the first day of the confirmation hearings were confrontational. some lawmakers picked apart hagel's record. and his positions on key issues. facing his critics, the former senator had this message to lawmakers today on capitol hill. we cannot allow the work of confronting the great threats we face today to be held hostage to partisanship on either side of the aisle. the stakes are too high. and other critics say, he has expressed questionable support for israel. despite mainly republican and conservative detractors, hagel is expected to win confirmation. even national polls show most americans support hagel's nomination to replace outgoing secretary leon panetta. >> jacqueline: we will see some fog to th
what is happening here in washington and the uncertainty over the debt ceiling. hallie jackson come wbal-tv 11 news. >> seeing a shift for the super bowl. the commercials are more of a start than the players. jane king has the bloomberg business report. veggies over pizza? >> i know. i'm not sure if i believe that. lockheed martin is seeing record profits on the horizon. the cfo says the company is not looking at any planned job reductions. facebook is trying out gift cards to get users stay on the site longer. now they include target. a down day for the markets yesterday. futures this morning are looking positive. we do get the january jobs report ahead of the opening bell. an executive says under armour is looking to hire outside talent this year and looking to beef up their presence overseas. ravens fever is sweeping baltimore. 91% of the people watching the game are looking for to the commercial. ads to be aer the a big part of the game. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> now weather and traffic together on the 1's. >> good mor
to bring you back for this. quick thought about this, can we get rid of the debt ceiling? >> iveng what we're seeing is some of the political brinksman ship around the debt ceiling may be a thing of the past. the renls certainly got hurt politically trying to use that tool as leverage. 6/hopefully it's an indication that that particular kind of brinksman ship is behind us. >> we'll see. i never put it beyond politicians. when the story changes, they'll change. julie, now win promise you can have your coffee break or tea break. try tea, it's very nice. english breakfast. very good thing to have first thing in the morning. we'll come back to you, jules, julia. >>> in the united states, in addition to the jobs report, there are some other pieces of the economic data. the final look at january consumer sentiment is out at 9:55 a.m. eastern. on the corporate front, exxon mobil, chevron, merck, tyson foods all report earnings before the bell. january sales are also out. they're expected to be seen at the strong rate compared to last year. this is all thanks to pent up demand as well as the impro
is expected to vote this afternoon on a bill to suspend the debt ceiling for three months, following the house. this would allow more house for debate on the fiscal issues we're facing. the senate version includes several republican amendments, though, including matching spending cuts for every dollar increase in the debt ceiling. those amendments expected to be defeated. the bill won't technically raise the debt ceiling, but it will suspend it until may 19th when it will be raised by the amount that the treasury borrows in the interim. that's how it's going to work. and markets, as we've been talking about on a tear this month with the dow having its best january in decades. but will yesterday's surprising drop in gdp reign in the bulls, it says here? let's get a read on the state of the economy. at least it wasn't a -- that kind of rein. there's three of them. anyway, joining us for the next hour is bob bruska. that's fao -- >> no. you cannot. >> fao economics. as becky said at the top, things are going to go really well or the market is going to have an '87 crash. >> i like the binary outlo
for the federal government's ability to borrow new money. the measure will suspend the $16.4 trillion debt ceiling until the middle of may. the bill also requires members of the house and senate to pass a budget by mid-april or risk having their own pay withheld. >>> the dow's bounce above 14,000 didn't last long. worry about europe dragged the market down yesterday, the biggest losses of the year. the dow was down 129. the nasdaq lost 48. in the previous session, the dow had hit its highest level in years. >>> the u.s. government plans to file a civil lawsuit against the ratings agency standard & poor's. the suit accuses the firm of giving high ratings to risky mortgage bond and led to the 2008 financial crisis. s&p says the suit is without merit. >>> medical marijuana has been legal in california since 1996. but now some cities are banning the dispensaries. a ruling will soon determine how far state law can go to protect their right to do business. the state supreme court will hear arguments today on whether local governments can ban them. right now a
. it is set to vote on a bill to athe debt ceiling to keep going up through the middle of may had a would delay the ex-penned showdown between democrats and republicans over spending cuts. the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30 hours. neighbors of the man describe him as a loner and survivalist who distrust it is government. you can count on news4 for updates it is a story continues to unfold. >>> metro says it may need to review its procedures with d.c. fire after a chaotic evening commute. an insulator started smoking on the green line and the emergency responder cut the wrong electricity source. that left two trains stopped for hours between the anacos
, the debt ceiling. now the sequester. i mean, we're now talk about perhaps $85 billion in spending cuts in 2013 if they don't get their act together on the sequester. that's pointing exactly in the opposite direction. so the fed is kind of setting the table but not getting the support from the congress on the fiscal side. >> so given the looming debt ceiling limit here, this week on morning joe the "new york times" economist argued why the u.s. should spend now and worry about deficit reduction later. here it is. >> dashing spending when you still have depressed economy is really destructive. it's probably even counterproductive even in purely fiscal terms. we should be sustaining government spending until we have a stronger economic recovery. >> this is not a hard call. as long as we have 4 million people who have been unemployed for more than a year, this is not a time to be worrying about reducing the budget deficit. give me something that looks more like a normal employment situation and i'll become a deficit hawk but not now. >> do you subscribe to that, jared? or is that too extre
the debt ceiling. if republicans had gone into this issue and said they would not raise the debt ceiling unless they got cuts, there would have lost that the raid at the end. big loss that debate. john boehner and paul rand did a great job together. you cannot govern from that office, you but you have to be very careful about high-profile last-minute negotiations. i've worked in the white house and three administrations. the president has a tremendous institutional advantage in these kinds of fights. what republicans have to do is avoid these fights, the straps that they are laying. provide an alternative through passing legislation, just to show this is how they would govern if they had the powers of the presidency and the senate. and be careful. there are some rough edges. host: some are not strategy as far as moving the debt ceiling ahead. guest: if they had gone ahead with it, it would have been politically cataclysmic. it was the worst percival -- worst possible ground to make their point. president obama 1. i think it's absolutely crucial for the future of the country that you cann
, are we going to shoot ourselves in the foot and not raise the debt ceiling? or not come to an agreement on varies things is one of the main things that can derail us. i'm more nervous about europe than some people. interest rates are down in some of the most troubled countries and their troubles are still there. we still have a risk to the economy. i don't see us heading off to a robust, fast recovery. i think 2013 will be better than 2012. i wish i could tell you that it would be really good because that's what we need. >> i don't call myself an economist. i specialize in economic policy. i try to be a good consumer of other forecasts. one thing i learned from that is frankly i don't trust any macro forecast that goes beyond six months. i don't think -- they are just guessing beyond that. i think we probably -- at least i would have similar reactions. i am still concerned about the risks posed by europe. i'm still quite concerned about the risks from things heating up in the middle east. the u.s. economy is repairing itself. we don't have at significant housing drag that we did a year
.s.? what's going on here? >> reporter: you know, that delay of the battle over the debt ceiling until may really did reduce some of the near- term investment pressure. i know we still have to deal with it but it did kind of take the level down a few notches. also, the housing market finally contributing to nick growth instead of dragging it down. and maybe the most important, today we started a federal reserve two-day policy meeting and the fed maintains its low interest rate policies until the unemployment situation improves substantially. so those are really positive forces for the stock market. >> my 401 couple of is loving it. and so am i. but is there any risk because it's going up so quickly? >> well, i think that of course that the folks down in d.c. could turn everything upside-down. they could look at these across- the-board spending cuts and that might not be very investor friendly. the budget negotiations could put a wrinkle into things. additionally, let's look at the small investor. i don't want it blame us but, you know, we're piling
'm waiting for the spring. >> what's happening in this spring? >> the sequester, next debt ceiling debate, a number of items that might send the market 10% lower. >> that's true but i have too much money to think about policy and not enough thinking about the fundamentals. >> 90% of hedge funds conform the market. the stock market was up 7% and the hedge funds averaging 8% or show. lot of that average performance came from worrying about these speed bumps. >> you can argue they were hedged. >> that might be. >> if you and andrew have never seen a period 800 on the dow, then 1200, then 3200, then 4200, then 6200, that was unbelievable to watch for 20 years. if you've never seen that, you have no input or experience on how that feels or work out, right? that would be a whole new dynamic -- >> i wasn't alive. >> i know. when that gets gone -- >> there's not enough research to support that point, the way people experience things in 20s and 30s it's with them their whole lives. joe and i think the bull market is normal and you guys think they're abnormal. >> if you haven't been through that --
to your vest. >> bill: so you are saying when the congress extends the debt ceiling for example for only three months or when they don't pass a budget or kick the sequester can down the road all of this has -- >> -- a negative effect upon people's ability to plan and think through what they are going to do. sequestration is very dangerous because it effects not just civilian jobs it affects the all if i of our military and having people able to respond to a situation at anytime. if they were going to make the cuts -- make the cuts then so people know what to do. don't keep kicking the can down the road. i would think this is not the time to make those cuts. but the -- the inability of congress to act is is just devastating to all of us trying to make our way through this country. >> bill: yeah, and we'll be back into that soup it looks like in just a couple of weeks. your questions about the economy in general. we didn't get to the fact that the gdp fell. we'll get to that with the president tom buffenbarger of the machinists. your comments welcome at 866-55-press
, but things look good. we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by the question. in defense of molly's story and washington is getting better. that was not about dysfunction of washington, the two of them just do not like each other. that has nothing to do do with the broader things washington. the issue matrix is changing a bit. what we with saw in 2009 and 2010, when health care and economy were on the table, those are where the parties are fundamentally divided. that is going to be true. but the immigration, there's not the same divide with them. so it's not a polarizing issue with john kerry. part of the reason we are seeing less dysfunction -- on o
president has ever had -- what president has ever had the hostage-taking of the debt ceiling so you can't write a budget if there are individuals in the congress that won't do the normal business which is to raise the debt ceiling so that the american people can be taken care of? as we speak, however, the president has introduced today a short-term fix to avert the sequester. the democrats have offered a way of avoiding the sequester. we have nothing from the republicans except a resolution that says a request for a plan. the very plan that the president knows by law he's going to submit as long as he knows what is the amount of money we have to work on and of course the budgeting process is going through the house, the chairman of the budget, mr. ryan, the ranking member of the budget, mr. van hollen. we all know the regular order. we are going to do our work. but putting us on the floor today and ignoring what we should be doing, i'm saddened that my amendment that indicated i wanted to make sure that the most vull vulnerable in any budget, -- vulnerable in any budget, 21% of our nati
for four more months. the house passed a bill that extends the debt ceiling through may 18th. the legislation also requires both the house and the san jose to approve budgets by april 15th or face the loss of their paychecks. >>> the government of zimbabwe says it has own $217 left in the national treasury. this is after paying public workers last week. the government says it will ask the international community for financial assistance. opposition parties accuse the government of misusing hundreds of millions of dollars in revenue from the country's diamond sales. >>> new this morning, syria and iran are threatening to retaliate against israel for a rare israeli air strike inside syria. u.s. officials say israel is targeting a weapons convoy when it launched the air strike. the convey was believed to be the anti-weapons headed to hezbollah militants. the concern, that would allow the militant to shoot down israeli airplanes. syria said the israeli air strikes hit a military research facility. >>> "the new york times" now revealing for the last four months its computer system
important that house republicans made the move for a short-term compromise on the debt ceiling. that's good news for markets because it shows politicians are not going to play chicken with the one thing that could really make a difference to the u.s. economy. it does suggest, though, that both the sequester and the continuing resolution might be places where opposition republicans take the opportunity to try to extract some containment trt white house. >> and what's your -- as you've priced that in, what do you expect, actually, the to be the outcome as we head into march towards the end of the month? is there more fiscal drag related tr these talks? >> we still see economic up sides for the u.s. citi economists have improved their growth forecast overall, but this isn't helping and it's not necessarily helping business confidence. what we think markets may not be prepared for is the fact that ee quest ragz is now likely to kick in. these are comments from both parties suggested that they be willing to allow this to happen. it may be the lesser of the evils. >> what are we talking about wit
,000 to $80,000. a significant jump. washington raised the debt ceiling at least temporarily. home sales are up, home prices up 5.5% from a year ago. the economy is still growing at a relatively slow pace. the monthly jobs report due out friday is expected to show that the unemployment numbers have not budged. >>> now to a developing story overnight. a new doping scandal in sports. this time, major league baseball. officials are investigating a report in a florida newspaper that claims that yankees star alex rodriguez, nationals pitcher gio gonzalez, and four others were sold performance-enhancing drugs in the last four years by a clinic in florida. gonzalez and rodriguez have already issued statements denying links to the clinics. our sources at espn with saying the yankees are now trying to void the remainder of alex rodriguez's contract. >>> a new revelation in the dreamliner investigation. the plane has been grounded. we've learned boeing was told about repeated problems with the batteries months before one of them caught fire in boston. however, safety regular lay laters did not hav
it sounds like to me but i'm not certain. >> that's a good answer. >> your thoughts on the debt ceiling. >> no. >> you think we are in danger of a bond bubble? >> i don't even know what that is. >> which mario has done a better job monti or draghi? >> monti or draghi? you know i have no idea what you're talking about, so -- >> what's your favorite show on television? >> hmm. "american greed." >> really? >> yeah. >> can you open that up for me? >> oh! >> you just made my day. >> i wish we could show more of that stuff. that was michael james, guys. and he was touched. because he tweets about "american greed" all the time. and i went on to talk to him about his favorite show and he's like god forgive me, but the one when the preacher steals from the church, and he went through this whole thing about how that's his favorite show. matt burke went to harvard he knows his stuff with the ravens and the kicker for the niners, he's a cramer guy and he's a conservative aaa-rated tax-free bond guy. >> i feel so bad for these guys because it's kind of like talking to me about football. if you ask m
followed the house of representatives in the past legislation extending the nation's debt ceiling, this time at least until may 19th. but for practical purposes, probably a few months longer than that. the vote in the senate, 64-34. the bill passed the house next week and will sign it into law. there will be an increase in the nation's debt limit, at least for the next few months. they will battle over this later down the road. other news we're following, three stories involving high-profile shootings at a time when the nation is struggling with the issue of guns. lisa sylvester is monitoring that. some of the other top stories in "the situation room." lisa, what's the latest? >> at least one person has been shot at a middle school in atlanta. the victim was conscious and breathing when taken to a local hospital. the suspected gunman is believed to be a student and is in custody. >>> police outside of dallas are investigating the shooting of a prosecutor. district attorney mark haas was gunned down this morning outside the county courthouse. police aren't sure whether haas was tar
this fearmongering and screaming we did debt ceiling hostage crisis and all of that stuff. anyway, so not to discount your fear that we're going to be overtaken. >> well, yeah. that's paranormal. >> stephanie: we'll talk about this and much more as we continue. 19 minutes after the hour. it is "the stephanie miller show." >> announcer: funny how. funny like she's a clown. like she's here to amuse you. it's the "the stephanie miller show." he was a comedy genious. addicted to the spotlight and living too close to the edge. of all the hours in all his days, these are the ones you'll never forget. ♪ bad, bad ♪ >> stephanie miller. ♪ baddest girl ♪ ♪ in the whole damn town ♪ ♪ badder than king kong ♪ ♪ meaner than a junkyard dog ♪ >> stephanie: it is "the stephanie miller show." welcome to it. 24 minutes after the hour. 1-800-steph-12 the phone number toll free from anywhere. jake with the president carney. >> we created 2.2 million now with the revisions jobs in 2012. that means that we have been moving in the right direction when it comes to job creation. >> we're the jobs. where ar
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